Russia’s Northern Sea Route poised to see influx of Chinese infrastructure investment
Of some 70 projects covered in a new agreement, the Russian Arctic shipping route is the only specifically mentioned in the press release from a Russian bank.
June 12, 2018
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On the sidelines of the recent Shanghai Cooperation Organisation’s summit in Qingdao, China, leaders of Russia’s Vnesheconombank (VEB) and the China Development Bank met to sign one of their countries’ biggest bilateral investment deals ever.
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